This is a six unit investment opportunity with an 11.5+% CAP rate in Town Plot - corner lot across from the school The property consists of all 2 bed/1 bath units. There are various unit updates throughout, including flooring, kitchens and baths. The utilities are all separate & tenant paid. The 1st two floors have gas H&HW, the 3rd floor is electric H&HW. The electric is fully updated with separate panels. This property can be purchased with other assets in the Waterbury area as well - ask for details. Value add opportunity to increase rents. Plus, 5 car-detached garage in back - rent out for additional income. 17+% CAP proforma. This is a great opportunity to own a property with great cash flow + NOI of $43k + Property needs work, will convey as-is.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
